Fiverr International (FVRR) Scheduled to Post Quarterly Earnings on Wednesday

Fiverr International (NYSE:FVRR) will release its earnings data before the market opens on Wednesday, October 30th. Analysts expect Fiverr International to post earnings of $0.62 per share for the quarter. Fiverr International has set its FY 2024 guidance at EPS and its Q3 2024 guidance at EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Fiverr International (NYSE:FVRR) last released its quarterly earnings results on Wednesday, July 31st. The company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02. Fiverr International had a net margin of 3.17% and a return on equity of 5.67%. The company had revenue of $94.66 million for the quarter, compared to analyst estimates of $94.69 million. On average, analysts expect Fiverr International to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Fiverr International Stock Down 1.5 %

FVRR opened at $22.43 on Monday. The company has a debt-to-equity ratio of 1.44, a current ratio of 3.17 and a quick ratio of 3.17. The company’s 50-day moving average is $24.47 and its 200 day moving average is $23.51. Fiverr International has a fifty-two week low of $18.83 and a fifty-two week high of $31.61. The firm has a market capitalization of $866.92 million, a P/E ratio of 77.35 and a beta of 1.71.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on FVRR. UBS Group lowered shares of Fiverr International from a “buy” rating to a “neutral” rating and dropped their price target for the company from $37.00 to $25.00 in a research report on Tuesday, July 2nd. Roth Mkm reissued a “buy” rating and set a $32.00 price target (up from $30.00) on shares of Fiverr International in a research report on Thursday, August 1st. The Goldman Sachs Group lowered their price objective on shares of Fiverr International from $44.00 to $39.00 and set a “buy” rating on the stock in a research report on Thursday, August 1st. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $36.00 price objective on shares of Fiverr International in a research report on Wednesday, July 31st. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $31.30.

Fiverr International Company Profile

Fiverr International Ltd. operates an online marketplace worldwide. Its platform enables sellers to sell their services and buyers to buy them. The company's platform includes various categories in ten verticals, including graphic and design, digital marketing, writing and translation, video and animation, music and audio, programming and tech, business, data, lifestyle, and photography.